IDT Appoints New Member to Board of Directors
October 26 2012 - 4:10PM
Business Wire
Integrated Device Technology, Inc. (IDT®) (NASDAQ:IDTI), the
Analog and Digital Company™ delivering essential mixed-signal
semiconductor solutions today announced that Norm Taffe has joined
its Board of Directors.
“Norm is an outstanding addition to our Board of Directors and
we believe the company will benefit from his valuable insights and
extensive experience,” said John Schofield, chairman of the IDT
Board of Directors. “Norm brings significant knowledge of
mixed-signal engineering, product definition and marketing from his
management and leadership roles in the semiconductor industry.”
Mr. Taffe currently serves on the board of directors of Cypress
Envirosystems -- a Cypress Semiconductor-funded company that
develops system-level products for reducing energy costs with
wireless technology. Mr. Taffe also served as executive vice
president of Cypress Semiconductor where he ran the Consumer and
Computation Division, including the PSoCTM microcontroller business
-- the largest and fastest growing business within the company.
Under Norm’s leadership, revenue in the Consumer and Computation
Division grew to over $400 million in 2011. He also currently holds
the position of Board Chairman to the Second Harvest Food Bank,
which is a nonprofit organization that serves nearly 250,000 needy
families in Santa Clara and San Mateo counties each month. Mr.
Taffe holds a Bachelor of Science in Electrical Engineering from
The University of Michigan
“Norm’s distinguished background, accomplishments and market
experience are an excellent match for IDT’s direction,” said Dr.
Ted Tewksbury, President and CEO of IDT. “The addition of Norm
completes the new line up of nine fixed members to our Board of
Directors and satisfies our agreement with Starboard Value LP.”
About IDT
Integrated Device Technology, Inc., the Analog and Digital
Company™, develops system-level solutions that optimize its
customers’ applications. IDT uses its market leadership in timing,
serial switching and interfaces, and adds analog and system
expertise to provide complete application-optimized, mixed-signal
solutions for the communications, computing and consumer segments.
Headquartered in San Jose, Calif., IDT has design, manufacturing
and sales facilities throughout the world. IDT stock is traded on
the NASDAQ Global Select Stock Market® under the symbol “IDTI.”
Additional information about IDT is accessible at www.IDT.com.
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IDT and the IDT logo are trademarks or
registered trademarks of Integrated Device Technology, Inc. All
other brands, product names and marks are or may be trademarks or
registered trademarks used to identify products or services of
their respective owners.
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